Uzbekistan’s president issues decree to adopt special crypto framework
The Republic of Uzbekistan is preparing to adopt a new crypto regulatory framework including a 7.5% income tax on crypto-related salaries.
SEC Hires 20 Crypto Experts To Crack Down On Fraud
The United States Securities and Exchange Commission is in the process of hiring 20 cryptocurrency experts for its enforcement units to better confront the illegal activities conducted with the use…
Crypto.com Restarts Card Rewards After Community Backlash And Cronos (CRO) Crash
Crypto.com has opted to reverse its decision to slash card staking entirely after backlash from the cryptocurrency community. What Happened: On Monday, Singapore-based cryptocurrency exchange Crypto.com said it would reduce…
Venture Capitalists Exhibit FOMO, Invest in Growing Crypto Universe
Venture capital investment in crypto projects reached a record $10 billion globally in the first quarter of 2022, Reuters reports. Such projects, ranging from crypto and NFT exchanges to decentralized…
Solana developers share 3 key mitigation steps to make the network robust
Developers have suggested changing Solana’s current data transfer protocol UDP to QUIC, stake-weighted transaction processing and a fee-based transaction priority.
SEC doubles down on crypto regulation by expanding unit
The Crypto Assets and Cyber Unit of the SEC’s Enforcement Division, which is tasked with policing cryptocurrency firms, will add 20 people to its staff.
CI Global, Galaxy Digital Expand ETF Suite With Blockchain and Metaverse Offerings
The new ETFs will track indexes created by Alerian and Galaxy Digital Holdings.
Dogecoin Daily: Fed Meeting Weighs On Price, Dogefather Elon Musk And Co-Founder Create Social Buzz
Dogecoin (CRYPTO: DOGE) traded 1.1% lower at $0.13 over 24 hours leading up to early Tuesday morning. DOGE fell alongside other major coins as the global cryptocurrency market cap decreased…
Amid SEC Suit, Former Nomura Trader Admits Lying to Clients
A former Nomura Holdings Inc (NYSE: NMR) senior trader admitted lying to clients about bond prices but said it was a common practice and never impacted clients’ investment decisions. James…
How Do Bitcoin Miners Generate Cash Without Selling Crypto Holdings?
Bitcoin (CRYPTO: BTC) miners have embraced new strategies to finance operations without selling any of their crypto holdings. What Happened: According to a recent report from Bloomberg, Bitcoin mining firms…